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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

USDJPY 17.5.2023

Technical Analysis
Wednesday, May 17, 2023 - 13:34
Point Trader Group
USDJPY 17.5.2023

Main Trend:

Bullish than bearish.

Expected scenario:

The pair is reaching soon 137.77 which might push it towards 136 – 135.70.

Alternative scenario:

Bullish above 138.

The most important levels

Resistance: 

138 - 139

Support: 

136 – 135.70

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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